NOC
Income statement / Annual
Last year (2024), Northrop Grumman Corporation's total revenue was $41.03 B,
an increase of 4.44% from the previous year.
In 2024, Northrop Grumman Corporation's net income was $4.17 B.
See Northrop Grumman Corporation,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$41.03 B |
$39.29 B |
$36.60 B |
$35.67 B |
$36.80 B |
$33.84 B |
$30.10 B |
$25.80 B |
$24.51 B |
$23.53 B |
| Cost of Revenue |
$32.67 B
|
$32.74 B
|
$29.13 B
|
$28.40 B
|
$29.32 B
|
$26.58 B
|
$23.30 B
|
$19.85 B
|
$18.73 B
|
$17.88 B
|
| Gross Profit |
$8.36 B
|
$6.55 B
|
$7.47 B
|
$7.27 B
|
$7.48 B
|
$7.26 B
|
$6.79 B
|
$5.95 B
|
$5.78 B
|
$5.64 B
|
| Gross Profit Ratio |
0.2
|
0.17
|
0.2
|
0.2
|
0.2
|
0.21
|
0.23
|
0.23
|
0.24
|
0.24
|
| Research and Development Expenses |
$1.10 B
|
$1.20 B
|
$1.20 B
|
$1.10 B
|
$0.00
|
$953.00 M
|
$764.00 M
|
$639.00 M
|
$705.00 M
|
$712.00 M
|
| General & Administrative Expenses |
$3.99 B
|
$4.01 B
|
$3.87 B
|
$3.60 B
|
$3.41 B
|
$3.29 B
|
$3.01 B
|
$2.71 B
|
$2.63 B
|
$2.57 B
|
| Selling & Marketing Expenses |
-$1.10 B
|
-$108.00 M
|
-$2.74 B
|
-$3.37 B
|
-$164.00 M
|
$1.00 B
|
-$394.00 M
|
-$1.24 B
|
$339.00 M
|
$0.00
|
| Selling, General & Administrative Expenses |
$2.89 B
|
$3.91 B
|
$1.14 B
|
$227.00 M
|
$3.25 B
|
$4.29 B
|
$2.62 B
|
$1.48 B
|
$2.97 B
|
$2.57 B
|
| Other Expenses |
-$1.00 M
|
-$1.09 B
|
$1.54 B
|
$290.00 M
|
$164.00 M
|
-$1.95 B
|
-$341.00 M
|
$596.00 M
|
-$1.04 B
|
-$712.00 M
|
| Operating Expenses |
$3.99 B
|
$4.01 B
|
$3.87 B
|
$1.62 B
|
$3.41 B
|
$3.29 B
|
$3.04 B
|
$2.71 B
|
$2.63 B
|
$2.57 B
|
| Cost And Expenses |
$36.66 B
|
$36.75 B
|
$33.00 B
|
$30.02 B
|
$32.73 B
|
$29.87 B
|
$26.32 B
|
$22.50 B
|
$21.32 B
|
$20.45 B
|
| Interest Income |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Interest Expense |
$621.00 M
|
$545.00 M
|
$506.00 M
|
$556.00 M
|
$593.00 M
|
$528.00 M
|
$562.00 M
|
$360.00 M
|
$301.00 M
|
$301.00 M
|
| Depreciation & Amortization |
$1.37 B
|
$1.34 B
|
$1.34 B
|
$1.24 B
|
$1.27 B
|
$1.27 B
|
$800.00 M
|
$475.00 M
|
$456.00 M
|
$467.00 M
|
| EBITDA |
$6.84 B |
$4.23 B |
$7.68 B |
$8.73 B |
$5.59 B |
$4.23 B |
$5.10 B |
$4.93 B |
$3.39 B |
$3.56 B |
| EBITDA Ratio |
0.17
|
0.11
|
0.21
|
0.24
|
0.15
|
0.13
|
0.17
|
0.19
|
0.14
|
0.15
|
| Operating Income Ratio |
0.11
|
0.06
|
0.1
|
0.16
|
0.11
|
0.12
|
0.13
|
0.13
|
0.13
|
0.13
|
| Total Other Income/Expenses Net |
$646.00 M
|
-$191.00 M
|
$2.24 B
|
$3.29 B
|
-$337.00 M
|
-$1.42 B
|
-$38.00 M
|
$1.01 B
|
-$270.00 M
|
-$286.00 M
|
| Income Before Tax |
$5.02 B
|
$2.35 B
|
$5.84 B
|
$8.94 B
|
$3.73 B
|
$2.55 B
|
$3.74 B
|
$3.05 B
|
$2.92 B
|
$2.79 B
|
| Income Before Tax Ratio |
0.12
|
0.06
|
0.16
|
0.25
|
0.1
|
0.08
|
0.12
|
0.12
|
0.12
|
0.12
|
| Income Tax Expense |
$842.00 M
|
$290.00 M
|
$940.00 M
|
$1.93 B
|
$539.00 M
|
$300.00 M
|
$513.00 M
|
$1.03 B
|
$723.00 M
|
$800.00 M
|
| Net Income |
$4.17 B
|
$2.06 B
|
$4.90 B
|
$7.01 B
|
$3.19 B
|
$2.25 B
|
$3.23 B
|
$2.02 B
|
$2.20 B
|
$1.99 B
|
| Net Income Ratio |
0.1
|
0.05
|
0.13
|
0.2
|
0.09
|
0.07
|
0.11
|
0.08
|
0.09
|
0.08
|
| EPS |
28.39 |
13.57 |
31.61 |
43.7 |
19.08 |
13.28 |
18.59 |
11.55 |
12.3 |
10.51 |
| EPS Diluted |
28.34 |
13.53 |
31.47 |
43.54 |
19.03 |
13.22 |
18.49 |
11.47 |
12.19 |
10.39 |
| Weighted Average Shares Out |
$147.00 M
|
$151.50 M
|
$154.90 M
|
$160.30 M
|
$167.10 M
|
$169.30 M
|
$173.70 M
|
$174.40 M
|
$178.90 M
|
$189.40 M
|
| Weighted Average Shares Out Diluted |
$147.30 M
|
$152.00 M
|
$155.60 M
|
$160.90 M
|
$167.60 M
|
$170.00 M
|
$174.60 M
|
$175.60 M
|
$180.50 M
|
$191.60 M
|
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